Global beer giant snaps up minnow

Original article by Simon Evans
The Australian Financial Review – Page: 22 : 1-Dec-17

Brewing giant Anheuser-Busch InBev has acquired Adelaide-based craft beer maker Pirate Life for an undisclosed sum. Pirate Life currently produces around 3 million litres of beer at its Hindmarsh plant, but Anheuser-Busch InBev intends to provide it with $A10 million to help it build a bigger brewery, increasing its annual output to around 8 million litres. Anheuser-Busch InBev’s purchase of Pirate Life comes two months after it bought Sydney-based brewer 4 Pines.

CORPORATES
ANHEUSER-BUSCH INBEV SA/NV, PIRATE LIFE, 4 PINES BREWING COMPANY PTY LTD, CARLTON AND UNITED BREWERIES, COOPERS BREWERY LIMITED, CRAFT BEER INDUSTRY ASSOCIATION OF AUSTRALIA

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